How the Merrill Lynch Acquisition Will Affect Your 401(k)

JUST LEARN TO TRUST GOD AND MAKE SURE YOU HAVE YOUR SOUL SALVATION RIGHT BECAUSE YOU CAN'T TAKE MONEY TO HEAVEN OR HELL BUT YOUR SOUL WILL GO TO ONE OR THE OTHER. SO ASK YOURSELF WHERE ARE YOU GOING HEAVEN OR HELL.

of NC @ Oct 14, 2008 13:02:54 PM

merrill lynch bonds

some wise investment guys sold me Mer'm at 25 last time i looked its at 11.25 makes me sick whats next no value? or is it time to double down..

Bill of NJ @ Sep 18, 2008 12:02:01 PM

thanks for nothing

You journalists are also responsible for this mess. Patrick.net was forecasting this for years as you hyped up real estate and mergers. You reported nothing nor investigated nothing about what would happen. How stupid. Public Enemy used to put slogan's like "The Government's Responsible" on their album covers. If this mess had an album, I would put the phrase "The Media's Responsible" on it. Shame on you!

mike of CT @ Sep 17, 2008 21:28:53 PM

401K IN GENERAL

IF I WERE TO CASH IN STOCKS FROM 401K, WHAT WOULD BE THE SAFEST THING TO "ROLL IT OVER" INTO? I HAVE >10 YEARS LEFT TO RETIREMENT.

JL OF FL of FL @ Sep 17, 2008 02:50:57 AM

i've got a ways to go until retirement but some of my coworkers are there now, it's scary and sad to hear a 65 year old guy who's worked 60 hours a week every week for his whole life lose half his 401k inside of a year and not be able to retire,even more scary now that i am "solely responsible for my own retirement" {and everyone elses,via the social security i continue to pay and will never see} i'm thinking the money would be safer under the matress honestly

david of MD @ Sep 16, 2008 00:15:45 AM

combinationalizing

Combining the largest into even larger is sometimes good, sometimes great, and sometimes no big deal. As a former broker, I am sad to see Merrill go, but as an "almost retiree" it is unsettling to see Bank of America growing when they can't seem to get a handle on their basic business-credit with compaassion for their customers. Their current level of customer service at the banking level stinks from lack of knowledgeable employees and lack of training. So my conclusion is that their service will only get worse, their lines will only get longer, and their payout rate will continue to shrink.

RAJ of TX of TX @ Sep 15, 2008 22:50:52 PM